Quote from: Kelward on Today at 01:46:22 PM

Quote from: Popkon6 on Today at 02:11:22 AM

Quote from: Joeboy on Today at 01:59:57 AM

Are you trying to say that with basic knowledge a peerson cannot invest in Bitcoin? Well I do not agree with you coz basic knowledge is actually enough to kickstart your Bitcoin Accumulation journey.....When I say basic knowledge i am referring to this simple but important things, whichh are:

Where to buy Bitcoin ( and probably where to sell though not really important)
Where to safely store your Bitcoin by practicing things like self custody
That Bitcoin is volatile( The price goes up and down and as such only your discretionary income should be used for investment, not money needed for your surviival.
Bitcoin is divisible( you don't need to buy 1 whole Bitcoin, you can simply begin by stacking up a few Satoshis).

I would like to add something more to your information, if the investor wants to invest in Bitcoin, then he must remember the DCA method. Because even if the investor is poor and needy, he can still invest in Bitcoin according to his ability, he will only continue to make regular purchases according to the DCA method according to his ability. If he follows the DCA method weekly, then if he can invest $ 50 to $ 70 per week, then he will definitely be able to collect a large amount of Bitcoin at the end of the year.
In this way, if he continues to invest in Bitcoin according to the DCA method for the next few years, then he will definitely be successful according to his plan. Because an investor can definitely complete his investment successfully according to the DCA method, he should continue to invest in Bitcoin until one Bitcoin is deposited with him.

Basic knowledge is important for every newbie that wants to enter Bitcoin investment, without knowledge they will be alarmed if after they buy and they notice reduced value. If you don't have the knowledge that Bitcoin is volatile it can be disturbing for you as a newbie. Although a person that starts newly to invest in Bitcoin without any experience is in luck because it is a reputable asset unlike many shitcoins in the crypto market that you'd be gambling your funds if you invest in them. So yes you can start Bitcoin accumulation without knowledge and experience. After starting you'd be gradually gaining basic and advanced knowledge.

Volatility is a very common thing in Bitcoin investment and if one doesn't know about this then I will assume they are not accumulating the Bitcoin by themselves, the price of Bitcoin is always going up and down every seconds and how will someone not know about that. And yes if someone doesn't know about this like you said they will always feel discomfort if they eventually saw it but as a long term holder they won't need to panic rather they should just ask question and the answer to that is very simple. People that will panic are people with trading mindset and people that didn't used what they can afford to let go. One thing is that one can not outsmart Bitcoin investment especially traders.